FxWirePro

Investment picks: Trident

Long
NSE:TRIDENT   TRIDENT LTD
Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Sep 2017 to Sep18 Qtr%
Sales  1,121 1,094 1,186 1,131 1,392 24.17484389
Expenses  947 894 974 936 1,130 19.32418163
Operating
Profit 174 200 212 196 261 50
OPM % 16% 18% 18% 17% 19% 18.75
Other
Income 35 32 2 8 10
Interest 32 25 28 28 26
Depreciation 102 101 98 94 92
Profit before tax 75 105 88 82 153 103
Tax % 32% 30% 42% 27% 29%
Net Profit 51 73 51 59 109 113.7254902



It is good to buy on dips around 65-66 with SL around 60 for the TP of 95/100
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